HomeMy WebLinkAboutAgenda Item Summary FormAGENDA ITEM SUMMARY FORM
File ID: #7659
Date: 07/10/2020
Commission Meeting Date: 07/23/2020
Requesting Department: Office of Capital
Improvements
Sponsored By:
District Impacted: All
Type: Discussion Item
Subject: Discussion - Miami Forever Bond Tranche 1 Status Update and Timeline
Purpose of Item:
The purpose of the presentation is to provide a comprehensive status update for the
Tranche 1 projects funded by the Miami Forever Bond. The discussion will also focus on
the project selection process and initiation timeline, as well as the guiding themes and
funding categories.
Background of Item:
The intent of Miami Forever Bond is to build a stronger, more resilient future for Miami,
alleviating existing and future risks to its residents, economy, tourism and legacy. The
Bond will invest a total of $400 million in five key categories, which align with the City's
most pressing needs: Sea -Level Rise and Flood Prevention, Roadways, Parks and
Cultural Facilities, Public Safety and Affordable Housing.
Budget Impact Analysis
Item is NOT Related to Revenue
Item is funded by Bonds
Total Fiscal Impact:
$400M
Office of Capital Improvements
Office of Management and Budget
Office of Management and Budget
City Manager's Office
City Manager's Office
City Commission
Reviewed B
Hector L Badia
Rene Lazaro Hernandez
Christopher M Rose
Nzeribe Ihekwaba
Arthur Noriega V
Nicole Ewan
Department Head Review
Budget Analyst Review
Budget Review
Assistant City Manager Review
City Manager Review
Meeting
Completed
Completed
Completed
Completed
Completed
Completed
07/10/2020 2:53 PM
07/11/2020 12:40 PM
07/11/2020 4:13 PM
07/11/2020 4:20 PM
07/12/2020 8:34 PM
07/23/2020 9:00 AM